Putin Up For More Cryptocurrency Regulations

Putin Up For More Cryptocurrency Regulations

The president of Russia, Vladimir Putin, is currently calling for stricter cryptocurrency regulations, as he shared his beliefs about the danger and risks that digital currencies may pose to the world, according to International Business Times. Putin, during a meeting in Sochi on October 10th, said: “Cryptocurrencies are issued by an unlimited number of anonymous bodies. Thus buyers of cryptocurrencies could be involved in unlawful activities”, reported Radio Free Europe . The dangers posed by cryptocurrencies, as presented by Vladimir Putin, range from tax evasion, money laundering and financing of terrorism. This notion that digital currencies cannot be traced […]

Leave a Reply

Your email address will not be published. Required fields are marked *